In a post on X, Apple CEO Tim Cook called it a step towards an "end-to-end silicon supply chain" in the US, and the company thanked "the president and his administration for supporting important projects like this one" in a statement.

Apple is expanding its Broadcom partnership in a $30 billion-plus chipmaking agreement, its largest American manufacturing commitment to date.

It's the largest element to date in an Apple program designed to have more components made in the U.S.

Broadcom shares gained after Apple announced a multi-year chip supply agreement exceeding $30 billion. The deal expands US manufacturing, strengthens Broadcoms custom silicon…